Futures eke out gains after Fed holds rates steady

REUTERS: U.S. stock index futures edged higher on Thursday, a day after the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook of the economy.

The Fed's move to ease monetary policy this year has supported the rise in stocks to record highs, along with a slightly calmer tone on trade and some relief in corporate earnings. The S&P 500 index is up 25per cent so far in 2019. Also in focus is European Central Bank President Christine Lagarde who is expected to keep interest rates on hold in her first policy meeting after taking over the role.At 6:53 a.m. ET, Dow e-minis were up 14 points, or 0.05per cent. S&P 500 e-minis were up 2.25 points, or 0.07per cent and Nasdaq 100 e-minis were up 9.5 points, or 0.11per cent.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street gains modestly after Fed signals rates to hold steady for some timeNEW YORK (REUTERS) - Wall Street's main stock indexes moved modestly higher on Wednesday (Dec 11) after the US Federal Reserve held interest rates steady and signalled that borrowing costs are likely to remain unchanged indefinitely.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Fed to hold US rates steady at final 2019 meetingWASHINGTON (AFP) - The Federal Reserve on Wednesday (Dec 11) was due to resume its final policy meeting of 2019, with markets overwhelmingly expecting the central bank to leave interest rates untouched.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US stocks end higher as Fed keeps rates unchangedNEW YORK: Wall Street stocks edged higher on Wednesday (Dec 11) as the Federal Reserve kept interest rates unchanged while investors awaited news ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »